business

South Australia’s RAA says now is the time to expand EV charging infrastructure to ensure it meets growing demand, which represented about one-sixth of new vehicle sales in April.  Source link

Shares in CSL tanked, with the stock closing 16 per cent lower at $100.75 after touching decade lows during the session. It warned of an additional $6.9 billion impairment charge as it downgraded its profit outlook. Source link

“Escape the 9-5” content is blowing up on social media, but people who have gotten caught up in it warn of the costs.    Source link

If it’s serious about improving intergenerational fairness and housing affordability in this week’s budget, perhaps the federal government should just build some houses. Source link

Dee-Ann Kelly lost her home to fire in 2024, now she’s rebuilding an Earthship, made from recycled materials in an effort to make her home more fire resilient. Source link

The International Monetary Fund found that thousands of Australians took on a second or third job when the RBA hiked rates rapidly in 2022 and 2023. It expected the opposite.  Source link

Prospective home buyers are re-evaluating their budgets as successive rate hikes eat into their borrowing capacity.  Source link

The United States is importing more beef from Australia as its own supplies dwindle and demand soars. Source link

After a volatile session for the S&P 500, the ASX200 is set for a sharp fall when it opens. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link

The Australian share market closes sharply lower, experiencing the biggest one-day fall in seven weeks and a near-$50 billion wipeout as oil prices rose on reports of a fresh escalation of Middle East tensions. Source link